Real estate deals

Charter school moving to former Children's Guardian Home

July 20, 2010
Scott Olson
City leaders will officially announce Wednesday morning that Irvington Preparatory School will occupy the children's home, which closed in June of last year. The school has signed a 15-year lease with the city.
More

Deadline approaches for Richelieu offers

July 20, 2010
Tom Harton
John Jacobs and a Cleveland-based partner have put a Friday deadline on offers for the 62-unit Richelieu apartments, a two-building property at the intersection of North and East streets and Mass Ave.
More

Appraisers have little to go on in tough deal market

July 6, 2010
Tom Harton
Until the market stabilizes, appraisers will be operating in an environment where 20 to 50 percent drops in property values aren’t uncommon.
More

Greenwood mobile home park sold to Illinois firm

June 24, 2010
Indy Mobile purchases 527-lot Friendly Village through a court-appointed receiver.
More

Fort Ben home, condos fail to sell at auction

June 24, 2010
Cory Schouten
Auction turns up no buyers for the former home of the commanding general at Fort Benjamin Harrison and four condominiums at the old Army base.
More

Duke Realty buying out joint venture partner for $298M

June 16, 2010
 IBJ Staff
Duke Realty Corp. plans to buy out its partner in a joint venture that owns 106 industrial buildings in the Midwest and Southeast, the Indianapolis-based company announced Wednesday.
More

Circle Centre sues restaurant Bella Vita over unpaid rent

June 11, 2010
Peter Schnitzler
Italian restaurant that took over high-profile mall space in January is being sued by the landlord for $96,523.23.
More

Proposed development near Lilly campus could include hotel

June 8, 2010
Indianapolis developer Buckingham Cos. is in discussions to build a mixed-use development that could include apartments, shops, office space, and a hotel and conference center.
More

Fort Ben home, condos headed to auction

June 8, 2010
Tom Harton
The former home of the commanding general at Fort Benjamin Harrison and four condominiums at the old army base are being auctioned June 17, a reflection of the difficulty of selling high-end condos in a soft real estate market.
More

Dunkin, Baskin-Robbins eye closed Meridian Street cafe

June 5, 2010
 IBJ Staff
They will take over the former home of Bonjour Cafe & Bakery if the owner wins city approval to add a drive-through.
More

Girl Scouts of Central Indiana moving to new headquarters

May 29, 2010
 IBJ Staff
CEO Deborah Hearn Smith said the move will eventually bring a cost savings, but it has other benefits.
More

Lawrence Village inks J.C. Hart deal, seeks retail developer

May 25, 2010
Tom Harton
The Fort Harrison Reuse Authority has approved the sale of a 6.6-acre site to Carmel-based J.C. Hart Co. for development of a 217-unit apartment community.
More

Simon plans to rejoin retail leasing event

May 24, 2010
Cory Schouten
Simon Property Group Inc. plans to rejoin the giant leasing mall at the annual ICSC convention in Las Vegas, where 25 percent of the nation's retail lease deals are consummated.
More

Girl Scouts to sell Boone County camp, three others

May 24, 2010
Associated Press
The Girl Scouts of Central Indiana says a study found that the four sites need significant renovations to reach current safety codes.
More

Upcoming ICSC convention will offer insight into growth plans for retailersRestricted Content

May 22, 2010
Cory Schouten
Retailers are feeling pangs of optimism at an opportune time for the developers and real estate brokers who rely on them for survival: The year’s biggest retail real estate gathering is May 23-25 in Las Vegas.
More

Simon biding its time after failed bid for rival

May 15, 2010
Cory Schouten
Analysts predict Simon Property Group Inc. will pay off debt and wait patiently for its next opportunity after withdrawing separate offers to either acquire General Growth Properties or finance its exit from bankruptcy. A New York judge had endorsed a rival plan that allows General Growth to stay independent.
More

Simon shares surge despite failed General Growth deal

May 10, 2010
 IBJ Staff and Associated Press
Simon’s rise suggested investors believe the company will be just fine without General Growth Properties Inc., the Chicago-based rival it had been pursuing for months.
More

Simon withdraws bid for General Growth

May 7, 2010
 IBJ Staff and Bloomberg News
Indianapolis-based Simon Property Group Inc. has withdrawn its offer for General Growth Properties Inc. after a bankruptcy court judge approved a sale process that gives an advantage to a group lead by rival bidder Brookfield Asset Management Inc.
More

General Growth still backing Brookfield despite new Simon bid

May 7, 2010
Bloomberg News
General Growth Properties Inc. rejected Simon Property Group Inc.'s "best and final" offer.
More

Simon Property makes 'final' General Growth offer

May 6, 2010
Bloomberg News
Simon Property says its latest offer is worth $6.5 billion, or $20 a share, for General Growth. It had last offered $18.25 a share.
More

General Growth hearing delayed as Simon makes new bid

May 4, 2010
Bloomberg News
General Growth said the hearing before U.S. Bankruptcy Judge Allan Gropper has been moved from Wednesday to Friday.
More

Simon Property steps up fight for General Growth

May 4, 2010
Bloomberg News
The latest proposal is the Indianapolis-based company's third attempt to buy or gain a piece of the No. 2 mall owner.
More

General Growth backs new Brookfield plan over Simon offer, source says

May 3, 2010
Bloomberg News
General Growth Properties Inc. plans to back a revised bankruptcy exit plan proposed by Brookfield Asset Management Inc. over a competing offer by Simon Property Group Inc.
More

Work begins on Penn Arts apartment, retail project

May 1, 2010
 IBJ Staff
Renovation work finally has begun on the building at 16th and Pennsylvania streets. Developer Christopher Piazza found two equity partners for the project because banks were unwilling to lend.
More

Blackstone may join General Growth plan, Simon says

April 27, 2010
Bloomberg News
Simon Property Group and Blackstone Group LP are in "ongoing discussions" for an investment in General Growth after the mall operator turned down a $10 billion takeover bid from Simon in February, CEO David Simon said.
More
Page  << 11 12 13 14 15 >> pager
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. I never thought I'd see the day when a Republican Mayor would lead the charge in attempting to raise every tax we have to pay. Now it's income taxes and property taxes that Ballard wants to increase. And to pay for a pre-K program? Many studies have shown that pre-K offer no long-term educational benefits whatsoever. And Ballard is pitching it as a way of fighting crime? Who is he kidding? It's about government provided day care. It's a shame that we elected a Republican who has turned out to be a huge big spending, big taxing, big borrowing liberal Democrat.

  2. Why do we blame the unions? They did not create the 11 different school districts that are the root of the problem.

  3. I was just watching an AOW race from cleveland in 1997...in addition to the 65K for the race, there were more people in boats watching that race from the lake than were IndyCar fans watching the 2014 IndyCar season finale in the Fontana grandstands. Just sayin...That's some resurgence modern IndyCar has going. Almost profitable, nobody in the grandstands and TV ratings dropping 61% at some tracks in the series. Business model..."CRAZY" as said by a NASCAR track general manager. Yup, this thing is purring like a cat! Sponsors...send them your cash, pronto!!! LOL, not a chance.

  4. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

  5. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............

ADVERTISEMENT